GE Exiting Fort Point in Downsizing Move
General Electric will vacate its two-building headquarters in Boston’s Fort Point as part of a company-wide downsizing of its real estate footprint.
A Company Town Reinvents Itself in Western Mass.
Pittsfield has turned decades of contamination caused by General Electric’s former factory into opportunity, converting the 52-acre plant into an industrial park with six shovel-ready sites.
It’s Time to Curb the Economic Development Racket
The all-out scramble to lure GE’s headquarters to Boston still sticks in my craw. Five years on from that debacle, there’s a budding campaign to officials from throwing away our hard-earned tax dollars on such dubious corporate recruiting campaigns.
GE Pitches Cement Made from Recycled Wind Turbine Blades
Addressing the waste generated by a growing clean energy source, GE Renewable Energy on Tuesday announced an agreement with Veolia North America to recycle blades removed from its on-shore wind energy turbines in the United States.
Jack Welch, the GE Chief Who Became a Superstar, Dead at 84
Jack Welch, who transformed General Electric Co. into a highly profitable multinational conglomerate and parlayed his legendary business acumen into a retirement career as a corporate leadership guru, has died. He was 84.
Suffolk Hires Ex-GE Exec Ann Klee as EVP
Boston-based construction giant Suffolk tapped former General Electric Vice President Ann Klee as its new executive vice president Monday.
Developers Target Early 2020 Groundbreaking for Seaport Lab Campus
A life science and tech campus including the future General Electric headquarters in Boston could reach 650,000 square feet, the new owners of the property said.
GE HQ Site, Prime Development Parcel Sold For $252M
One of the most active developers in Boston and a leading life science landlord are the new owners of General Electric’s future headquarters and a prime development site on Boston’s Fort Point Channel.
Massachusetts Needs a Better Development Strategy
General Electric’s insistence that its Boston headquarters is here to stay rings a bit hollow right now.
Lawmaker Pitches Plan to Repurpose Money from GE Tax Breaks
On the heels of news that General Electric plans to reimburse $87 million in incentives associated with relocating its headquarters to Boston, a state senator is calling for those funds to be reinvested in Massachusetts vocational schools.
GE Unplugs $200M Seaport Development
General Electric has unplugged plans to build a futuristic $200 million office tower in Boston’s Seaport District.
Bailing Out the Boston Waterfront
Waterfront barriers, living shorelines and elevated roads from East Boston to Dorchester are key elements of Boston’s resiliency strategy to protect billions of dollars in real estate from rising seas.
GE Mess Should Serve As Warning for Boston Pols
The rich subsidy package that brought General Electric’s headquarters to the Boston waterfront was not long ago hailed as a landmark win for both the city and the Bay State as a whole.
Editorial Cartoon: GE’s Precarious Future in Boston
General Electric has gone through a series of downfalls since moving its headquarters to Boston’s Seaport.
Don’t Take Us Back to Taxachusetts
Proponents of a 2018 statewide ballot initiative that would add a surcharge on the state taxes of those earning over $1 million annually should look at the experience of Connecticut, where multiple rounds of tax hikes aimed at high earners triggered an exodus of large employers and high-earning individuals that resulted in declining tax revenue, according to a new whitepaper published by the Pioneer Institute.
GE Set To Begin Demolition In Fort Point Buildings
While groundbreaking of its new office building in Fort Point has been pushed back two years, General Electric is moving ahead with renovations of two industrial buildings that will be part of its Innovation Point headquarters complex.
Best Pitch To Amazon Is Menu Of MA Options, Baker Says
Unlike the state partnership with the city of Boston that helped lure General Electric to the capital city, Gov. Charlie Baker said Tuesday it would be a “mistake” for his administration to pick sides among communities attempting to attract Amazon’s second national headquarters to Massachusetts.
Bloomberg: GE Nears Sale Of Its Industrial Unit To ABB
General Electric Co. is nearing a deal to sell its industrial solutions unit to Swiss engineering company ABB Ltd. in a deal valued at $2.5 billion to $3 billion, Bloomberg reported, citing people with knowledge of the matter.
Everett Looks For Another Wynn
Musicians, foodies and fitness fanatics have been finding their way to an overlooked corner of Everett. Their destinations: a trampoline park, micro-distillery, craft brewers and recording studio that have replaced scrapyards and machine shops in an industrial area near the banks of the Malden River.
GE Hits Pause On New Office Building
General Electric will delay construction of a 295,000-square-foot office building in Boston for two years in a shift of real estate strategy for its $200 million global headquarters under new CEO John Flannery.
